All Finance articles – Page 489
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NewsCity snapshot: Greencore beats expectations despite £18.1m first half loss
Food-to-go manufacturer Greencore has suffered a “challenging” first half of the year, impacted by its struggling US business, but its figures this morning were ahead of analysts’ expectations. Plus, strong exports help boost Cranswick’s annual sales by 17%, Ocado on the rise again and all the rest of the latest news from the City.
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NewsMedia Bites 22 May: Sainsbury's, Ocado, Tesco
More than 100 MPs have signed a letter criticising changes to Sainsbury’s staff pay that threaten to leave as many as 13,000 employees worse off.
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NewsPoundland links with Greencore for chilled food supply deal
Previous chilled and fresh supplier Kerryfresh fell into administration in March
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NewsWincanton shows 'robust' growth in profits
Logistics operator signed deals with Ikea and Wilko last year
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NewsJohn Menzies upbeat despite distribution arm sale delay
Menzies said it remained fully engaged with a number of potential buyers
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NewsCity snapshot: International investment in UK food and drink on the rise
Overseas-owned companies make up almost half of UK food and drink sales, according to study by law firm EMW. Plus, UK food and drink investment surges to mitigate Brexit finds BDO, two new non-exec directors at M&S and all the rest of the latest news from the City.
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NewsMedia Bites 21 May: Lidl, Sainsbury's/Asda, M&S
Lidl is planning an online delivery service in yet another assault against the UK’s biggest supermarket chains, writes The Daily Mail.
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Comment & OpinionSainsbury's-Asda must heed the lessons of Tesco
Tesco’s tarnished corporate image was one of the reasons it became the primary victim of the rise of the discounters, argues John Buchanan of HW Fisher & Company
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NewsBatchelors Super Noodles fuel Premier Foods growth
Batchelors Super Noodles pots have “exceeded expectations” since hitting shelves last year
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NewsHealthy snack bar supplier Squirrel Sisters reaches out for £185k investment
Healthy snack bar business Squirrel Sisters is looking for £185k in investment to pump into increasing distribution, marketing and NPD
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NewsSainsbury's bows to pressure on pay rate proposals
The supermarket announced an increase to its base pay rate from £8 an hour to £9.20
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NewsFDF poll reveals confidence slump in Q1 2018
The survey also found more than half of businesses had seen product margins fall in Q1
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NewsTurnover up 19% at premium petfood supplier MPM
Sales have surged a premium petfood manufacturer MPM Products, two years after being purchased by a private equity group
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NewsCity snapshot: CMA opens Sainsbury’s/Asda investigation
The UK Competition and Markets Authority has opened its investigation into the Sainsbury’s/Asda retail mega-deal, asking interested parties to submit their initial views by 4 June. Plus, KP Snacks owner Intersnack has struck a cut-price deal to buy struggling Tyrrells, C&C Group to split Matthew Clarke and Bibendum and all the rest of the latest news from the City.
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NewsMedia Bites 18 May: Ocado, Sainsbury's/Asda, Walmart
The papers are chocked full of coverage of what The Daily Mail has dubbed “the deal that turned Ocado into a global tech titan”.
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NewsIntersnack strikes cut-price deal to buy struggling Tyrrells
KP Snacks owner Intersnack has struck a cut-price deal to buy Tyrrells and attempt to restore the brand to growth after a “phenomenal reduction in performance” under US ownership.
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NewsMichael Saunders back as Bibendum CEO
Saunders joined Bibendum in 1982, staying with the company until its buyout by Conviviality in 2016…
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Comment & OpinionOcado ends with a lot of zeroes now
The online supermarket is now worth more than Marks & Spencer’s and deserves to be considered among the UK’s greatest technology companies
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NewsAsda hails 'genuine momentum' in sales growth
Asda reported 8.3% like-for-like growth in online grocery sales in the period, while George.com sales soared by 21.9%
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Analysis & FeaturesOcado Kroger partnership: analysts’ reaction
After this morning’s announcement of a partnership between Ocado and retail giant Kroger to build “multiple CFCs across the US”, here’s the reaction from city analysts.